The world is losing out to the tune of $23,620 a person by failing to pay women and men equally, according to the World Bank. Gender pay gap costs global economy $160tn, says World Bank study- GenderInequality
Analysis of lifetime earnings across 141 countries suggests failure to reward women and men equally generates huge global loss. A chalkboard line graph featuring male and female figurines demonstrates the gender pay gap.
Gender equality would enrich the global economy by an estimated $160tn (£120tn) if women were earning as much as men in the workplace, a study by the World Bank has found….Theguardian.com
Unrealized Potential: The High Cost of Gender Inequality in Earnings